JOB ADVERTISEMENT

Umwalimu SACCO is looking for inspired innovators, dynamic self-driven, and highly creative personalities to collaborate with Umwalimu SACCO in taking it to the next level of success. If you feel you have what it takes, we would like to hear from you.

JOB TITLE

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED

Key Result Areas

10. RISK &COMPLIANCE OFFICER

Reports to: Director of Internal Audit

Department: Internal Audit

Age Limit: 35

Education &experience

Bachelor‘s Degree in Finance, Economics Business management, statistics, computer science and/or other related fields
Desirable: MBA or equivalent Masters Degree or Certification in Risk Management
Experience: At least 2 years in all aspect of risk assessment, monitoring, and control of loans documentation securities
Skills& knowledge

Good Accounting knowledge
Wide knowledge in the microfinance performance
Risk management
Risk assessment
Internal control
Corporate compliance
Corporate Governance
Information system security
Technical skills
Judgment skills
Computer skills

Key responsibilities

Continually assess adherence to internal Risk as well as credit policies.
Project relevant trends that affect enterprise risk management and advise of ways to mitigate & isolate potential problem areas
Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks
Analyze transactions, internal reports and financial information for potential fraud risks
Maintain reports of significant risks and recommendations
Create policies, procedures and control assessments in response to identified risks
Ensuring consistent application of the internal credit policies and loan administration procedures with regards to credit Risk and all other risks (strategic, operational, financial, etc.)
Ensuring appropriate dissemination of credit information to credit managers/managers on a timely basis.
Evaluate the effectiveness of the SACCO’s internal control and risk management framework in addressing risks and accomplishing the company’s goals and objectives
Provide training and technical support to management and employees regarding risk management strategies and programs to strengthen enterprise Risk approach mechanism’s
Performing any other duty as may be assigned by the Supervisor
Perform any other duty as may be assigned by the Supervisor

Acceptable risk standards
Enforced adherence to set risk policies
Developed guidelines
Robust approval limits
Loan monitoring and control
Provisional of powerful leadership to the team
Enterprise approach to risk management
NB: These vacant posts are opened to external as well as internal candidates.
NDAYISABA N. Willy

UWAMBAJE Laurence

Director of HR & Administration

Director-General

Please pick one or more positions that speak to you on the list below and send us your applications via email at [email protected] no later than 28th May 2020. Put the job title you are applying for e.g. “IT Audit Manager” as the subject of the email.

Interested candidates should submit soft copies of the motivation letter, CV, and copy of required notarized degrees and other important documents. Kindly note that only shortlisted candidates will be contacted for the exam and interview.